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HomeMy WebLinkAbout1988 Ordinance No. 031I I ORDINANCE NO. 3 I SERIES OF 1988-- BY Al!rnORITY COUNCIL BILL NO. 34 INl'RODUCED BY COUNCIL MEMBER HABENICHT AN ORDillANCE FIXING THE TAX LEVY IN MILLS UPON EACH DOLLAR OF THE ASSESSED VALUATION OF ALL TAXABLE PROPERT'l WITHIN THE CITY OF~, COLCEADO, AND ESTABLISHING A MILL LEVY FOR 'I'HE FNGI.,B·,U)D, COLORADO, ~ DEVELOPMENI' Alll'HJ RITY. ,·lJ-IERE.?<.S , it is t'1e duty of the City Council of e r ·.t y ,~f Englewood, Colorado, under the Englewood rk:rne Rule Charter a.,d Co)n &:dr.J :'dv-:.sed Statutes, to make the aimual levy for City purposes; and h'!-!EREAS, the City Co uncil has duly considered the estimated valuation of all t he ta"<able p ropert : wi.thin the City and the needs of the City of each of said levies a.,d h a s determined that the levies as hereinafter set forth, are ~)roper and wise ; Natl, THEREFORE, BE IT ORDAINED BY THE CITY CCXJNCIL OF THE CITY OF ENGLEW'.X)D, COLORADO, AB FOLI.a-lS : Section 1. That there be and hereby is levied for the year 1988, due and payable as required by statutes in the year 1989, a tax of 5.419 mills on the dollar for the General Fund of the City of Englewood, Colorado, and 1.802 mills on the dollar for the Debt Service Fund n f the City of Englewood, -- Colorado. That the levy hereinabove set forth shall ra levied upon each dollar of the assessed valuation o f all taxable property wi in the corporate limits of t.J ;~ City o f Engle..ood, Colorado, and the said levy shal l be certified as required by law. Section 2. That under the authority of the Colorado Revised Statutes and t.!1e Englewood Hare Rule Charter, there is hereby levied for the year 1988, due and payable as required by law in 1989, a tax of 2.559 mills on the dollar for the use and benefit of the Englewood, Colorado, Downtown Develoµnent Authority. That the levy hereinabove set forth shall be levied upon each dollar of the assessed valuation o f all taxable property within the Englewood, Colorado, DovmtO\·m Develop-rent District, and the said levy shall be certified as required by law. Introduced, read in full, and passed on f irst reading on the 3rd day of October, 1988. -1 - Puhlishe d as a Bill fc ~ c1n Ordinance on the 5th day of October, 1988. Read and amended o n second reading the 11th day of October, 1988. Published in full as airended o n the 12th day o f October, 1988. Read by title and passed on f i nal reading on the 20th day of October , 19 88 . Pnblished by tit le as Ordinance No. 3 / , Series of 1988, on the 26th day of October, 1988. san Van Dyke, At-,t: 4du~~ # ~4¼::£1 Patricia H. crow, City Clerk I, Patricia H. crow, City Clerk for the City of Englewood, Colorado, hereby certify the above and foregoing is a true copy of the Ordinance passed on final reading and published by title a:; Ordinance tlo • ..3..L._, Series of 1988. 1 ~~U<'.:c -~v # a~W Patricia H. Crow -2 - I I